1508 1 Renaissance Square, New Westminster, BC, MLS^® R3040216

Welcome to 1508 1 Renaissance Square, a stunning property nestled in the heart of New Westminster, BC. As your trusted realtor, I'm excited to guide you through the community, highlighting its top-notch amenities and features that make it an ideal place to call home.

Let's start with the schools. Located just 1.64 km from this beautiful property is École Qayqayt Elementary, a highly-rated school with a 7.2/10 rating. (1) Families love this area because of its excellent educational institutions, and this school is no exception. Not only is it close to home, but it also offers a safe and supportive learning environment that's perfect for kids to thrive.

If you're looking for alternative education options, the closest independent elementary school is Urban Academy, just 1.57 km away from this property. With a 8.9/10 rating, it's an excellent choice for families who value a more personalized approach to education. (2)

For secondary education, Purpose Independent Secondary School is the closest option, located just 0.97 km from this property. While it doesn't have a rating, it's a great option for students who require a more flexible and autonomous learning environment.

Now, let's talk about safety. According to the latest crime data from Statistics Canada (2020), this neighborhood has an average crime rate of 6,761.11 incidents per 100,000 population, which is consistent with other Canadian cities. (3) This means that you can enjoy your daily life without worrying about your safety. In fact, the year-over-year change in the total crime rate is a positive -10.42%, indicating a decrease in crime over time. (4)

In terms of specific crime types, the neighborhood has a below-average rate of drug-related offenses, with a rating of 134.4 incidents per 100,000 population. (5) This is reassuring, especially for families with children.

When it comes to property crimes, the neighborhood has an average rating of 3,807.97 incidents per 100,000 population, which is consistent with other areas in BC. (6) This means that you can feel secure in your home and property.

Now, let's talk about transportation. The closest bus station is Northbound Renaissance Square @ Quayside Dr, just 0.03 km away from this property. (7) This makes it easy to get around without a car, and you can enjoy the scenic views of the Quay while you're at it.

In terms of demographics, this neighborhood is a hub of activity, with 32.7% of residents holding a university certificate or degree, which is above average compared to other BC neighborhoods. (8) This means that you'll be surrounded by like-minded individuals who value education and personal growth.

The median household income in this area is $68,312, which is average compared to other areas in British Columbia. (9) However, the median personal income is $38,773, which is above average. (10) This suggests that residents in this neighborhood are financially stable and have a good quality of life.

In terms of employment, the unemployment rate in this area is a low 5.4%, which is lower than the provincial average. (11) This means that you'll have access to a range of job opportunities and can enjoy a high standard of living.

Now, let's talk about the local economy. The average value of dwellings in this neighborhood is $408,333, which is above average compared to other areas in British Columbia. (12) This means that you can expect to pay a premium for properties in this area, but the prices reflect the high demand and quality of life.

In terms of affordability, the average owner payments are above average, with homeowners spending an average of $1,342 per month. (13) Tenants are also paying a premium, with an average rent of $1,283 per month. (14) However, 35.5% of the population in this area are renters, which is above average compared to other BC cities. (15)

Finally, let's talk about language and culture. The dominant language spoken in this area is English, with 90.5% of residents speaking only English. (16) However, there is also a small but significant population of French speakers, with 0.1% of residents speaking only French. (17) And while there are some residents who speak neither English nor French, this is above average compared to other BC cities. (18)

As for transportation, 39.4% of residents in this area use public transport, which is high. (19) However, 53% of residents use cars, which is lower than average. (20) And while 5.1% of residents walk, this is average. (21)

In conclusion,